QNB Group, the largest financial institution in the Middle East and Africa, reported a net profit of QR12.8bn for the first nine months of 2025, marking a 1% increase compared to the same period last year.
The bank’s net profit before “Pillar Two Taxes” reached QR13.9bn, representing a 9% year-on-year increase, underpinned by strong growth in core operating income and continued expansion across its key markets.
Operating income for the nine-month period rose 9% to QR33.3bn, which the Group attributed to its ability to sustain growth across diverse revenue streams. Total assets as of September 30 stood at QR1.389 trillion, also up 9% from a year earlier, driven primarily by an 11% rise in loans and advances to QR1.001 trillion.
Customer deposits grew 6% year-on-year to QR963bn, further strengthening the Group’s liquidity position. QNB reported that its efficiency ratio — the cost-to-income ratio — stood at 23.3%, which it described as one of the best among large financial institutions in the region.
The bank’s ratio of non-performing loans to gross loans remained low at 2.9%, reflecting what QNB called the “high quality” of its loan portfolio and sound credit risk management. The loan loss coverage ratio was maintained at 100%, underscoring the Group’s conservative approach to provisioning.
Total equity rose 7% year-on-year to QR121bn at the end of September, while earnings per share reached QR1.31. The Group’s Capital Adequacy Ratio (CAR) stood at 19.5%, comfortably above the regulatory minimum set by the Qatar Central Bank (QCB) and Basel III standards.
QNB’s Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) were reported at 151% and 105%, respectively — both well above required thresholds, reflecting the bank’s robust liquidity and funding profile.
The Group said the results demonstrate its continued financial strength and disciplined growth strategy despite global economic challenges. “Our performance highlights QNB’s ability to deliver sustainable profitability while maintaining a prudent risk and cost management framework,” the bank noted.
With operations spanning 28 countries across three continents, QNB Group operates from around 900 locations and more than 5,000 ATMs, supported by a workforce of over 31,000 employees.
As the region’s leading financial institution, QNB continues to play a pivotal role in supporting economic development across its markets through diversified lending, strategic investments, and an expanding international footprint.
